Warrenton, VA 20186,53 E LEE ST
Warrenton, VA 20186,53 E LEE ST
Warrenton, VA 20186,53 E LEE ST
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Listed by Albert William Chipman III • Cres, Inc.
$710,000
Est. payment /mo
4,800 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $147

MLS Listing ID VAFQ2013418

Year Built 1919

Annual Tax Amount $1,098

Tax Year 2022

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 82x37

Property Sub-Type Retail

Source BRIGHT

Property Description

A rare opportunity to acquire a mixed-use property in the heart of Old Town Warrenton. The top floor features a newly renovated photography studio operating under a 3-year lease, providing immediate rental income. The ground floor retail space—vacant and ready for occupancy—offers an excellent opportunity for an owner-user to establish their business in a prime, walkable location.

With both units leased, the property has the potential to generate a cap rate of over 10%, making it a compelling cash-flowing asset. Positioned on a prominent corner with dual entrances, this property suits investors seeking income stability or owner-operators looking to offset costs with rental revenue. Owner financing or lease-to-own options may be considered.

Location

State VA

County Fauquier

Zoning CB

Interior

Hot Water 60+ Gallon Tank

Heating Central

Cooling Multi Units

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Doors - Swing In

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Fauquier County Public Schools

Others

Tax ID 6984-43-0283-002

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard


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Bright MLS (BMLS)
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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53 E LEE ST